Netbay Public (Thailand) Market Value
| NETBAY Stock | THB 21.30 0.20 0.95% |
| Symbol | Netbay |
Netbay Public 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Netbay Public's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Netbay Public.
| 10/01/2025 |
| 12/30/2025 |
If you would invest 0.00 in Netbay Public on October 1, 2025 and sell it all today you would earn a total of 0.00 from holding Netbay Public or generate 0.0% return on investment in Netbay Public over 90 days. Netbay Public is related to or competes with Humanica Public, Muramoto Electron, Premier Technology, Metro Systems, Interlink Communication, and MFEC PCL. Netbay Public Company Limited creates, designs, and develops digital business technology platform and omni channel conne... More
Netbay Public Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Netbay Public's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Netbay Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 2.9 |
Netbay Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Netbay Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Netbay Public's standard deviation. In reality, there are many statistical measures that can use Netbay Public historical prices to predict the future Netbay Public's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.34) |
Netbay Public Backtested Returns
Netbay Public has Sharpe Ratio of -0.0536, which conveys that the firm had a -0.0536 % return per unit of risk over the last 3 months. Netbay Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netbay Public's Mean Deviation of 1.18, standard deviation of 1.61, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Netbay Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Netbay Public is expected to be smaller as well. At this point, Netbay Public has a negative expected return of -0.086%. Please make sure to verify Netbay Public's daily balance of power, price action indicator, and the relationship between the kurtosis and day median price , to decide if Netbay Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Netbay Public has good reverse predictability. Overlapping area represents the amount of predictability between Netbay Public time series from 1st of October 2025 to 15th of November 2025 and 15th of November 2025 to 30th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Netbay Public price movement. The serial correlation of -0.53 indicates that about 53.0% of current Netbay Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Netbay Public lagged returns against current returns
Autocorrelation, which is Netbay Public stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Netbay Public's stock expected returns. We can calculate the autocorrelation of Netbay Public returns to help us make a trade decision. For example, suppose you find that Netbay Public has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Netbay Public regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Netbay Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Netbay Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Netbay Public stock over time.
Current vs Lagged Prices |
| Timeline |
Netbay Public Lagged Returns
When evaluating Netbay Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Netbay Public stock have on its future price. Netbay Public autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Netbay Public autocorrelation shows the relationship between Netbay Public stock current value and its past values and can show if there is a momentum factor associated with investing in Netbay Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ProphetOther Information on Investing in Netbay Stock
Netbay Public financial ratios help investors to determine whether Netbay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Netbay with respect to the benefits of owning Netbay Public security.